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11 February, 2025 // In 2024, according to the Unified Regulator of Gambling, the growth of legal bets in Russia was 40%, in total - 1.7T rubles (17B USD). The total number of players exceeded 6M, more than 2M made bets at least once a month. The average bet size increased by 18.9% and amounted to 1,268 Rubles (127 USD). 95% of bets were made online.
28 January, 2025 // In 2024, Russia exported a record 33.6M tons of liquefied natural gas, +4% compared to 2023. The previous record was in 2022 - 32.9M. The largest buyers were Europe (52%): France (6.3M), Spain (4.8M), Belgium (4.4M), and the Netherlands (1.3M) and Asia (45%): China (7M) and Japan (5.7M).
16 January, 2025 // In 2024, according to Rosstat, consumer prices in Russia increased by 9.52%: butter - +36%, vegetables and fruits - +22%, frozen fish - +17%, milk/dairy - +16%, bread/bakery - +13%, sunflower oil - +12%, alcohol - +8%, gasoline - +11%, medicines - +10%, building materials - +8%, tobacco - +6%, electrical goods - +5%, services - +11.52%.
10 January, 2025 // In 2024, 1.57 million new passenger cars were sold in Russia (+48.4% compared to 2023), the best result in the last 5 years. In 2019, 1.59 million units were sold. Leaders: LADA (436.2 thousand), Haval (190.6), Chery (157), Geely (149.1), Changan (106.1). The combined sales of the nine largest Chinese brands amounted to about 50% (791,518).
1 January, 2025 // According to Moscow State University, 2024 was the warmest year in Moscow in the history of meteorological observations. September was especially warm: the average monthly temperature was +17.9 degrees Celsius, which is 5.7 degrees above the climatic norm. The previous record (+17) was set in 1847.
30 December, 2024 // In 2024, according to the Ministry of Agriculture, the rice harvest in Russia set a new record and amounted to more than 1.2 mil tons, +17% compared to 2023. About 70% comes from Krasnodar Krai. Rice is also grown in Dagestan, Rostov Oblast, the Chechen Republic, and Primorsky Krai. By 2030, it is planned to harvest up to 2 mil tons of rice.
7 December, 2024 // In 2025, Russia's budget revenues are expected to be 40.3T rubles (400B USD, 18.8% of GDP), expenditures - 41.47T (19.3%). 13.5T (6.31%) will be allocated for military spending. Spending on "National Security and Law Enforcement" and "National Defense" will be 41% of all federal budget spending, exceeding spending on education, healthcare, social policy and the national economy combined.
1 December, 2024 // In Oct 2024, according to Rosstat, unemployment in Russia was a record low - 2.3% (1.8 mil people aged 15+). In Oct 2023, it was 2.9%. Competition among civil and defense companies as well as the army led to an increase in wages (+20%) and increased inflation (+9%). The departure of labor migrants due to tightening immigration rules is also a factor.
2 November, 2024 // In 2024, the income of the Russian population from funds on bank deposits will amount to about 4 trillion rubles (about 41 billion USD), interest on savings accounts - 2 trillion rubles. The total amount of income will be more than twice as high as in 2023. The main reasons are rising incomes and a significant increase in interest rates (15-20+%).
12 October, 2024 // As of October 1, 2024, according to the Bank of Russia, Russia's external debt amounted to $293.4B, having decreased by $24.5B (7.7%) since the beginning of 2024. It fell below $300B for the first time since 2006. The highest figure was in July 2014 - more than $732B. As of October 4, 2024, Russia's international reserves amounted to $629.9B.
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